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29 July 2019, 07:01 AM | #1 |
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How much are papers worth
I’m searching the net for a good recent SeaDweller/DeepSea and trying to decide how much I really need the papers.
With the wide range of prices from different dealers in the UK it’s hard to really tell how much they are worth, but it seems as though they are valued at around £500. Does that seem about right to you all? And does it really matter not having them so long as it is from a trusted dealer with some form of authentication? |
29 July 2019, 09:25 AM | #2 |
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Unless the watch is super rare or special, I will only buy a "Full Set" watch. Roman Sharf also puts a premium on Box and Papers.
https://www.youtube.com/watch?v=wfQpXcxrDyI |
29 July 2019, 10:28 AM | #3 |
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The papers don’t matter aside from the dollar value attached to them. Your valuation is definitely in the ballpark. Obviously older and more unique references will have a higher value attached to their paperwork
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30 July 2019, 10:17 AM | #4 |
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If you will ever sell the watch, you will want box and papers. f you will keep it, then it doesn't really matter.
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Rolex DD 228238 Daytona 116515 (sold) AP 15710 Rolex 116710 BLNR And a few others... |
30 July 2019, 10:28 AM | #5 |
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Papers? Go ahead, send the watch to RSC for a service. It will be returned with paperwork from Rolex as well as a service warranty card both of which document the make, model and serial number of the watch.
In other words focus, first and foremost, on the condition of the watch. |
30 July 2019, 10:54 AM | #6 | |
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Quote:
Personally, I think it's such a minimal effort and price to get a complete set on a modern watch, it's the only way I'd go. Unless someone was making me an offer I couldn't refuse. |
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30 July 2019, 11:04 AM | #7 | |
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I understand what you're saying, but those still aren't the original warranty. |
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30 July 2019, 12:53 PM | #8 | |
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Quote:
All that said, if you want to buy from a private person which can prove, based on a cpl. set of doc. that he is the 1st owner of the watch offered, it certainly feels better. Below an example of a typical 100% complete set (incl. purchase invoice) from an unpolished, fully original 1978 Rolex 1675 GMT Master..... |
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30 July 2019, 02:37 PM | #9 |
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Papers are nice the full set is great especially for resale.
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30 July 2019, 06:39 PM | #10 |
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Nothing beats a full set. If the difference between a watch with a full set and without is only £500, then I would happily pay the £500, all day every day. You will get your £500 back very easily if and when you sell the watch, and selling it will be so much easier.
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30 July 2019, 07:04 PM | #11 | |
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ICom Pro3 All posts are my own opinion and my opinion only. "The clock of life is wound but once, and no man has the power to tell just when the hands will stop. Now is the only time you actually own the time, Place no faith in time, for the clock may soon be still for ever." Good Judgement comes from experience,experience comes from Bad Judgement,.Buy quality, cry once; buy cheap, cry again and again. www.mc0yad.club Second in command CEO and left handed watch winder |
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30 July 2019, 07:05 PM | #12 |
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I would pay the extra $ for full set. They get harder to get as time goes by, especially the old school paper ones. And honestly adds a little extra charm to the whole thing.
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30 July 2019, 07:08 PM | #13 |
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Thanks all, that's useful advice. Given just how hard it is to get a new one from an AD as a first time buyer, getting a used watch is my only option and so for me i'm thinking I want the full set to get as close to that new experience as possible.
On with the search! |
30 July 2019, 07:12 PM | #14 | |
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Quote:
There are several places you can find them and just ensure the seller is reputable.
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Regards, CharlesN Member of the IWJG. |
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31 July 2019, 12:39 AM | #15 |
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I would say 10% of the watch value. However for some is 1 or 0. They would not buy Rolex without all papers. There is bigger probability such watch was carefully treated, not stolen etc.
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31 July 2019, 12:42 AM | #16 |
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not too much if you just buy for personal long term usage and have no plan to flip.
means everything if you are a collector. |
31 July 2019, 12:44 AM | #17 |
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papers=£500
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31 July 2019, 12:45 AM | #18 |
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Who ever told you that papers are not important probably they did not tried to sell a modern Rolex in last years without papers because only once i bought a GMT naked and when i tried to sell it , it was nightmare ... Always ! Always buy the watch with papers/certificate card !
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31 July 2019, 12:47 AM | #19 |
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31 July 2019, 01:00 AM | #20 |
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31 July 2019, 01:11 AM | #21 |
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Depends on the watch
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31 July 2019, 01:16 AM | #22 |
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It's a very subjective answer. Firstly, if the watch is still under the 5-year warranty period then the papers are important. It also depends on your intention with the watch. If you plan on keeping the watch forever, then papers are meaningless. Papers only matter to those who care about them. For me, I would rather take a steeper discount than pay higher with papers. I live in NY, so getting a Rolex authenticated is a 15 minute ride to the RSC for me. For a $150 fee (I think), Rolex will provide you with new papers showing the model, serial, dial etc.
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31 July 2019, 01:17 AM | #23 |
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I guess it's personal preference, but I don't consider a service warranty card a replacement for the original warranty and wouldn't purchase a watch that only has a service card. I can get one of those whenever I decide to have the watch serviced, but there's no replacing that original warranty.
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31 July 2019, 04:24 AM | #24 |
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I don't give expired papers a lot of value. Sure, I would rather have it but I would rather buy the seller and the quality of the piece if I wanted the watch. I have never had a problem selling a watch without the box & papers for a good price.
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31 July 2019, 05:15 AM | #25 |
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They are a tool that dealers use to beat you down with.
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31 July 2019, 05:18 AM | #26 |
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Yep. Original paperwork holds little value, to me, if the watch is beat to hell.
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31 July 2019, 05:40 AM | #27 |
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If the watch is quite old, Rolex will offer you the chance to have them send it to their "Vintage" department in Pennsylvania where they will verify all the parts on your watch originally came with your watch. $500. Then if you want them to service it ($1000 without parts) they will remove pretty much all the authentic parts dial, hands, bezel, bezel insert, bracelet to make it function properly. Takes the entire meaning out of the "Vintage" department more like the "Upgrade" "Sidegrade" or perhaps "Vintage Ruination" department would be a better moniker. This was my experience 2 weeks ago at RSC in BH, CA. When it's old, Rolex definitely has a problem identifying their own products… After my experience, I don't think even Rolex would consider box and papers verification of the actual watch. They have records about the specific serial numbers and specific configuration at sale but are just not willing to share the information—without compensation.
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31 July 2019, 05:50 AM | #28 |
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It is not about verification or authentication to me. It is about completeness, getting the entire package, with nothing missing. Few things annoy me more than looking at something that is meant to be a set of things, for example a tool kit with one or two pieces missing. On a rational level I know it does not mean much, but on some rather irrational level it drives me nuts.
Perhaps this is due to past experience. I once had a nice watch and I rather foolishly disposed of items that accompanied it. I am still kicking myself for that... Call me crazy, but even the white hang tag on new watches is a very big deal to me. If that is missing, then to me it is not a full set and therefore much less desirable than a watch that has everything it is meant to have. |
31 July 2019, 12:19 PM | #29 |
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31 July 2019, 03:09 PM | #30 |
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I get real pleasure from looking at all the doodads that come in sets...
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